Dai-Ichi Kangyo Bank
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Native name
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株式会社第一勧業銀行 |
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Romanized name
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Kabushiki-gaisha Dai-ichi Kangyō Ginkō |
| Public KK (: 8311) | |
| Industry | Bank |
| Fate | Merged with Fuji Bank and the Industrial Bank of Japan in 2000 |
| Predecessor | Dai-ichi Bank (1873-1971) Nippon Kangyo Bank (1897-1971) |
| Successor | Mizuho Financial Group |
| Founded | 1971 |
| Headquarters | Tokyo, Japan |
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Key people
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Shibusawa Eiichi, Founder |
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Number of employees
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14,714 (2001) |
| Website | www.dkb.co.jp |
Dai-ichi Kangyo Bank, Limited (株式会社第一勧業銀行 Kabushiki-gaisha Dai-ichi Kangyō Ginkō?), abbreviated as DKB (第一勧銀 Dai'ichi Kangin?), was one of the largest banks in the world during the latter half of the 20th century.Dai-Ichi Kangyo Bank was created in 1971 by a consortium of two banks: Dai-Ichi Bank, Japan's oldest bank, and Nippon Kangyo Bank, a state financial institution that granted long-term loans to industry and agriculture.
In 2000, it merged with Fuji Bank and the Industrial Bank of Japan to form Mizuho Financial Group. In 2002, DKB's corporate & investment banking division was transferred to Mizuho Corporate Bank, while its retail banking division was transferred to Mizuho Bank.
The Dai-ichi Bank, Ltd. (株式会社第一銀行 Kabushiki-gaisha Dai'ichi Ginkō?), originally Dai-Ichi Kokuritsu Bank (lit. First National Bank) was the first bank and the first ever to be established in Japan. Established by industrialist Shibusawa Eiichi in 1873, it was originally empowered to issue banknotes, until the Bank of Japan assumed this function in 1883. Subsequently, it became a purely commercial bank based in Tokyo.
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